Air Italy, part owned by Gulf carrier Qatar Airways, has entered into ‘liquidazione in bonis’ – the Italian liquidation system where the company will cease operations but will pay off outstanding debt and salaries. The move means all flights after February 11 up to February 25 will be carried out by other airlines without any
End-of-year figures for airlines are beginning to reveal the full extent to which many of them have been hit by the ongoing grounding of the Boeing 737 MAX since March last year. Icelandair Group has now estimated that the impact the 737 MAX problems has had on its business will result in a US$100 million
Airbus has announced that it has closed its completion center for the single-aisle A320 and larger A330 aircraft. The facility is located at Tianjin, 150 km from Beijing. “China domestic and worldwide travel restrictions are posing some logistical challenges. The Tianjin Final Assembly Line facility is currently closed,” the European planemaker said in a statement,
The joint research project Medifly, funded by the German Federal Ministry for Transportation and Digital Infrastructure (BMVI), successfully demonstrated the use of unmanned aircraft systems (UAS) for acute transportation of medical samples. A total of six drone flights were conducted between the German Armed Forces Hospital in Wandsbek-Gartenstadt and Saint Mary’s Hospital in Hohenfelde, roughly
Even with the building of Heathrow’s proposed third runway which will substantially increase the volume of traffic at London’s principal airport, the British aviation industry has published its plans to hit its target of net-zero carbon emissions by 2050. The Sustainable Aviation coalition, which includes industry giants such as Rolls-Royce, easyJet, AirBP (the aviation offshoot
Ryanair has been forced to rethink the timeline for its current expansion program. The Irish airline had hoped to be carrying up to 200 million passengers on an annual basis by 2024, but this depended on the arrival of the first deliveries of 210 Boeing 737 MAX jets which are on order. With the 737
No sooner had Airbus admitted to bribing public officials and making hidden payments involving the U.K., USA and France, than U.K prosecutors have now accused executives of AirAsia Group and AirAsiaX of receiving bribes from Airbus to secure plane sales. According to Reuters News Agency, Britain’s Serious Fraud Office (SFO) revealed last Friday that between
Embraer and SkyWest have signed a firm order for 20 E175 jets in a 76-seat configuration. The order has a value of US$ 972 million, based on 2019 list prices, and is already included in Embraer’s 2019 fourth-quarter backlog. Deliveries are expected to begin in the second half of 2020. “Embraer and SkyWest enjoy a partnership marked
The International Air Transport Association (IATA) has jointly announced it will be teaming up with Xpansiv CBL Holding Group (XCHG), a commodity exchange company, to provide a common marketplace called The Aviation Carbon Exchange, for eligible emission units. While passenger growth is predicted to grow, airlines are aiming to cap CO2 emissions at 2020 levels
North American toolmaker Stanley Black & Decker has announced it is to acquire Consolidated Aerospace Manufacturing LLC (CAM) for up to US$1.5 billion. CAM is a major supplier of Boeing Co and approximately US$200 million of the purchase price is contingent on Boeing obtaining certification for the still-grounded 737 MAX from the U.S. Federal Aviation
